3106 Windcrest Ct NE, Grand Rapids, MI, 49525 | $1,147/mo Cash Flow

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Grand Rapids at 3106 Windcrest Ct NE, Grand Rapids, MI, 49525 priced at $245,000 converts $3,012/mo rent into $1,147/mo cash flow after a $1,199/mo obligation. Total monthly income equals $3,012/mo, and annual cash flow totals $13,758/yr on $81,218 invested. Return on cash invested prints 36.85% in year one, and rental yield reads 14.75% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 195.56% and total cumulative return in cash sums $158,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,012/mo property income covering a $1,199/mo payment, not borrower’s personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

$250 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49525, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,066 (100%)
Owner Occupied HU	9,697 (74.2%)
Renter Occupied HU	2,961 (22.7%)
Vacant Housing Units	408 ( 3.1%)
Median Home Value	$372,431
Average Home Value	$442,492